BAKU, Azerbaijan, August 28. Azerbaijan’s
state-owned power utility Azerenerji’s export revenue reached $7.5
million in January-July 2026, according to the August issue of the
Export Review published by the Center for Analysis of Economic
Reforms and Communication.
The figure was approximately $3.5 million, or 87.5%, higher than
in the same period of 2025, according to the report.
Azerenerji is among the state-owned companies involved in
Azerbaijan’s non-oil exports. The list is led by SOCAR’s Marketing
and Economic Operations Department, followed by AzerGold CJSC,
SOCAR Polymer LLC, Azeraluminium LLC, Azərpambıq Aqrar Sənaye
Kompleksi LLC, Azerbaijan Airlines CJSC, SOCAR’s Gas Export
Department, Azerenerji OJSC, Nakhchivan Energy LLC and SOCAR-CAPE
LLC.
Azerenerji continues to implement projects aimed at developing
Azerbaijan’s power infrastructure. The company is currently
selecting contractors for the construction of new and modernization
of existing transmission lines.
The projects include relocating the 330-kilovolt double-circuit
Banka Solar Power Plant-Nevakhi substation transmission line
outside the territory of Shirvan National Park, additional work to
relocate the 330-kilovolt Banka substation, and construction of the
110-kilovolt Yevlakh-Barda transmission line.
The total cost of the projects is estimated at 17.428 million
manats ($10.25 million).
According to Azerbaijan’s Ministry of Energy, Azerenerji
generated 11.479 billion kWh of electricity in January-June 2026,
including 9.569 billion kWh at thermal power plants, 1.883 billion
kWh at hydropower plants and 27.4 million kWh at solar power
plants.
